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Students: Loans

Department for Education written question – answered on 18th October 2018.

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Photo of Angela Rayner Angela Rayner Shadow Secretary of State for Education

To ask the Secretary of State for Education, what the current RAB charge is on Plan 1 student loans.

Photo of Sam Gyimah Sam Gyimah Minister of State (Business, Energy and Industrial Strategy) (Higher Education), Minister of State (Education)

The department no longer forecasts a Resource Accounting and Budgeting (RAB) charge for Plan 1 loans as too few borrowers are still receiving loans to be able to produce a reliable forecast.

RAB charges for Plan 2 and Plan 3 loans are available in table 4 of the 'Student loan forecasts, England: 2017 to 2018' publication: https://www.gov.uk/government/statistics/student-loan-forecasts-england-2017-to-2018.

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